iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Reaches New 1-Year High – Here’s Why

Shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) reached a new 52-week high on Monday . The stock traded as high as $69.22 and last traded at $69.1590, with a volume of 5607393 shares. The stock had previously closed at $69.11.

iShares Core S&P Mid-Cap ETF Stock Up 0.2%

The firm’s fifty day moving average price is $66.04 and its 200 day moving average price is $64.99. The stock has a market cap of $107.58 billion, a PE ratio of 19.00 and a beta of 1.07.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Capital A Wealth Management LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at approximately $25,000. Davis Capital Management purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the third quarter valued at $30,000. New Millennium Group LLC grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 72.1% in the third quarter. New Millennium Group LLC now owns 537 shares of the company’s stock valued at $35,000 after purchasing an additional 225 shares in the last quarter. North Capital Inc. increased its position in iShares Core S&P Mid-Cap ETF by 133.1% in the third quarter. North Capital Inc. now owns 571 shares of the company’s stock worth $37,000 after purchasing an additional 326 shares during the last quarter. Finally, PMV Capital Advisers LLC purchased a new stake in iShares Core S&P Mid-Cap ETF during the second quarter valued at $38,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

About iShares Core S&P Mid-Cap ETF

Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.